People’s Bank of China Stops Bond Buying
China’s central bank announced it will pause government bond purchases, marking its latest effort to curb investor pessimism over weak economic growth, which has pressured...
Tag : Yuan
China Successfully Test-Flies Largest Cargo Drone as Low-Altitude Economy Soars
China successfully test-flew its largest unmanned cargo aircraft designed for civilian use, marking a significant step in the nation’s development of autonomous aerial vehicles (UAVs)...
China’s Currency to Get a Boost as Two Dozen Hong Kong Stocks to be Priced in Yuan
Hong Kong Stock Exchanges and Clearing (HKEX) is launching the HKD-RMB Dual Counter Model program to attract overseas investors with yuan holdings and, eventually, mainland...
Rupee Sees Biggest One-Day Fall in 8 Months Against US Dollar
The Indian rupee (INR) suffered sharp losses against the US dollar (USD) today amid turmoil in both global equity and currency markets. The rupee fell...
